Town
Part of speech: noun
Definition: a settlement; an area with residential districts, shops and amenities, and its own local government; especially one larger than a village and smaller than a city a rural settlement in which a market was held at least once a week. The residents,(as opposed to , the students etc.) of a community having a university
Suburb
Part of speech: noun
Definition: the area on the periphery of a city or large town that falls between being truly part of the city, but is not countryside either.(Australian and New Zealand English) any subdivision of a conurbation, not necessarily on the periphery.